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ABC Corp 2024 Trial Balance Report

a company called ABC's financial data

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Hamid Khan
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266 views6 pages

ABC Corp 2024 Trial Balance Report

a company called ABC's financial data

Uploaded by

Hamid Khan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

ABC Corporation

Trial Balance Report

For the period: January 1, 2024 - December 31, 2024

Account Debit Credit

Cash 150,000

Accounts Receivable 75,000

Inventory 50,000

Property, Plant & Equipment 250,000

Accounts Payable 100,000

Loans Payable 200,000

Retained Earnings 50,000

Common Stock 175,000

Sales Revenue 400,000

Cost of Goods Sold 200,000

Salaries Expense 100,000

Rent Expense 25,000

Utilities Expense 10,000

Depreciation Expense 15,000


Page 1
ABC Corporation
Trial Balance Report

For the period: January 1, 2024 - December 31, 2024

Account Debit Credit

Cash 150,000

Accounts Receivable 75,000

Inventory 50,000

Property, Plant & Equipment 250,000

Accounts Payable 100,000

Loans Payable 200,000

Retained Earnings 50,000

Common Stock 175,000

Sales Revenue 400,000

Cost of Goods Sold 200,000

Salaries Expense 100,000

Rent Expense 25,000

Utilities Expense 10,000

Depreciation Expense 15,000


Page 2
ABC Corporation
Trial Balance Report

For the period: January 1, 2024 - December 31, 2024

Account Debit Credit

Cash 150,000

Accounts Receivable 75,000

Inventory 50,000

Property, Plant & Equipment 250,000

Accounts Payable 100,000

Loans Payable 200,000

Retained Earnings 50,000

Common Stock 175,000

Sales Revenue 400,000

Cost of Goods Sold 200,000

Salaries Expense 100,000

Rent Expense 25,000

Utilities Expense 10,000

Depreciation Expense 15,000

Total 675,000 675,000


Page 3

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